Honors Program Theses


Open Access Honors Program Thesis

First Advisor

Imam Alam


There is no question that poverty is a devastating problem in our world today; the UN estimates 34,000 children and 16,000 adults die each day from hunger or preventable diseases with poverty-related causes, totaling more than 18 million a year (Riddell, 2007). One way that poverty is exacerbated is through the inaccessibility of credit to the poor (Todaro, 2006). Microcredit/microfinance has become a popular way of addressing this problem, and this affects a great percentage of the world population that is impoverished. Therefore, a true evaluation of the benefits and downfalls of this economic tool should be addressed. The purpose of this thesis is to determine if microcredit/microfinance programs in developing countries are truly helping those living in poverty, and how these programs can achieve the main goal behind the concept. A specific case of microcredit programs in Nicaragua will serve as an illustration of the focus of this thesis. Finally, the implications of the findings will be discussed and suggestions for future projects will be offered.

Year of Submission



Department of Economics

University Honors Designation

A thesis submitted in partial fulfillment of the requirements for the designation University Honors


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Date Original


Object Description

1 PDF file (46 pages)